Hacker Noon March 6, 2020
Blockchain tech is gradually integrating with the current industries as big corporations and startups seek solutions based on this new innovation. Forbes has since taken up the initiative to list 50 best projects leveraging blockchain; this year’s publication marks the second annual ‘Blockchain 50’ ranking by the magazine.
Prior to its fame, blockchain’s main niche was digital payments and in particular Bitcoin transactions. This has however changed in recent years given the technology’s potential in reducing costs and processing time while increasing transparency across even a number of giant industries.
According to the Blockchain 50 list by Forbes, leading sectors in integration include banking, tech and automobile manufacturing.
Tech giants like Amazon and IBM have both pioneered blockchain solutions suited...